INVESTTHIS

The mortgage industry, as we know, is pushed and pulled by interest rates. Calvin Schnure, SVP of the National Association of Real Estate Investment Trusts’ recently stated, “The interest rates are keeping demand in check, but it’s not going to push it down. I don’t see the real downside risks people are worried about,”

My guest on today’s show, Bob Wasieko, is the Branch Manager for Geneva Financial. Bob has been in the business for over 22 years and I’m so pleased that he can lend us his expertise and unlimited knowledge of the mortgage industry.

During this episode, Bob and I discuss the Dodd-Frank Act, and how it has changed the fundamentals of mortgage lending. Furthermore, Bob explains the similarities and differences between 2008 and today, and how that is impacting the industry. He also provides his insights on where we are in the real estate investment cycle and gives his hypothesis on the trends we will be seeing for the next 5 years.

Tip of the Day:

Timely Information from Another Expert

#INVESTTHIS EP 21: Exclusive Tax Advice from Enrolled Agent, Scott Garner

Start In Wholesaling:

Want to start in wholesaling? I got my first deal going using Real Estate World Wide. TRY IT YOURSELF!

Think Realty’s highest honor, the 2018 Master Investor of the Year was awarded to Adam Adams. He is in great company in this year’s awards, as Joe Fairless won Multi-Family Investor of the Year. The award program recognizes leaders who positively impact the real estate investing industry.

Adam started investing in real estate in 2005. After repositioning his first apartment community in 2007 (from $2MM to $4MM value in 12 months) as a property manager, Adam bought his first multifamily apartment building. Since then, Adam has founded BlueSpruce Holdings and manages several single-family fix & flips and holds over a hundred multifamily rental doors.

I’m honored to have Adam on my show today as the first podcast of 2019! Adam discusses how he got his start in property management so that he could qualify for a commercial loan to start his business. We discuss his first steps into multi-family, how he has grown his business, as well as how to put together a tactical team. Adam goes into detail about how to find, manage and make a significant profit on out-of-market investments, as well as why C-Class investments are his number one choice. And you truly don’t want to miss his investment predictions for 2019.

Tip of the Day:

Further Information on Multi-Family Investing

#INVESTTHIS EP 39: The Top 3 Benefits of Multi-Family Properties

Start In Wholesaling:

Want to start in wholesaling? I got my first deal going using Real Estate World Wide. TRY IT YOURSELF!

Real estate note investing is not your typical investing business. The most critical aspect is knowing what your financing options are, as well as how and when to use those options. –Forbes

This week I sit down with Scott Carson, CEO of We Close Notes. His company focuses on buying pools of distressed assets on residential and commercial properties direct from banks and hedge funds.

On today’s show, Scott takes us from his low period in which he sold everything but his dog and his truck to generating $500MM in assets. He has managed to pack in a lot of information on this episode from how to negotiate with borrowers to the step-by-step process of how anyone can get into the note business. Scott also discusses the process of taking over from a bank, what kind of deals you can expect buying distressed notes as well as where to find capital.

Tip of the Day:

Further Information on Alternative Real Estate Investing

#INVESTTHIS EP 12: Niche Market Real Estate: Do You Find the Deal or the Money First?

Start In Wholesaling:

Want to start in wholesaling? I got my first deal going using Real Estate World Wide. TRY IT YOURSELF!

The value a real estate wholesaler brings to their buyers is their ability to locate and negotiate control or purchase of homes at discounts. Forbes Real Estate

I’m honored to share my father’s real estate wholesaling journey on this week’s podcast. My father, Ron Bower, was a corporate man for 35 years, working in technology. When his company downsized last year, he decided to start his own real estate business, RB1 Investments. As with all new endeavors, he needed to learn, and learn quickly. He joined the Real Estate Worldwide (REWW) program, which taught him how to be a real estate wholesaler from A-Z. He feels that REWW is an invaluable resource that continues to this day to help him grow his business.

On this weeks episode, Ron discusses why he decided to start working for himself and how he made the transition from corporate America to founding RB1 Investments. He also shares valuable advice on how to move past your fears to build the life you want. Also discussed is how to apply all that you have currently learned into a new business, and how to get comfortable being uncomfortable.

Tip of the Day:

Further Information on Real Estate Wholesaling

#INVESTTHIS EP 27: Building a Wholesale Business from the Ground Up

More Information on REWW:

Just like my father, I got my first deal going using Real Estate World Wide. TRY IT YOURSELF!

The best decision I have made in a very long time was hiring a virtual assistant. I understand better than most that it’s hard for entrepreneurs to let go of the reigns and the money. But after you listen to this episode, you might just change your mind.

My virtual assistant, Natalie Webster has made a definite impact on my bottom line. She started her entrepreneurial journey as a property manager which led to her becoming a real estate agent. But with four children, she needed more of a work/life balance and took up helping entrepreneurs with their businesses. Lucky for me, she dedicated herself to working solely for me.

In this week’s episode, Natalie and I discuss that assistants are not just for making plane reservations, as they can do so much more if you let them. Natalie also gives tips on what to look for in an assistant, and how they can help grow your business. We also talk about how to instill loyalty and dedication from anyone that works for you.

Tip of the Day:

Further Information on Growing Your Business

#INVESTTHIS EP 28: Finding The Perfect Partner to Grow Your Real Estate Business

Start In Wholesaling:

Want to start in wholesaling? I got my first deal going using Real Estate World Wide. TRY IT YOURSELF!

To find success after failure seems rather daunting, but for Damion Lupo, it was a life changer. Born with an entrepreneurial spirit, Damion started his first business at age 11. Over the last quarter century, he’s started and owned more than 40 different companies, with more than a dozen real estate investment and development companies. In 2008, Damion lost it all and had to start over.

Today’s show is inspirational and informative. Damion tells his story about how he reinvented himself and his business model after his financial collapse. He also talks about how patience is more than just a virtue in business, and why it’s essential. Enhanced Qualified Retirement Plan investing is his focus right now, and he explains the benefits of outsmarting Wall Street. You won’t want to miss his inside information on the changes that are coming in mid-2019 and his advice on thriving during this downturn.

Tip of the Day:

Further Information on Building a Business

#INVESTTHIS EP 34: Building an $18MM Portfolio in 6 Years, with John Casmon

Start In Wholesaling:

Want to start in wholesaling? I got my first deal going using Real Estate World Wide. TRY IT YOURSELF!

“Increasing numbers of people are coming to realize that corporate America has changed. Job security is largely a relic, benefits are not nearly what they used to be, and starting your own business is looking a lot less risky.” –The Balance Small Business

Trevor Mauch learned about entrepreneurship from his parents. Through years of hard work, and perfecting his skill set by starting many of his own companies, he came up with the idea for Carrot. Today Trevor is the CEO of Carrot. He knows a thing or two about inbound marketing and generating leads online in the real estate industry. As an investor himself, he’s a leading expert in inbound marketing for investors and agents.

On today’s episode, Trevor discusses how he came up with the idea for Carrot and provides expert advice and actionable tips on starting your own business. He also discusses creating revenue models, model strategies and flipping your risk profile. We also had a great discussion on how technology is changing the real estate industry and how to be successful utilizing those changes.

Tip of the Day:

Carrot Discount

Use this LINK to receive 25% recurring monthly commissions on every referral

Further Information on Entrepreneurship

#INVESTTHIS EP 6:  Real Estate Entrepreneurship and How to Make it Work with Jared Irby

Start In Wholesaling:

Want to start in wholesaling? I got my first deal going using Real Estate World Wide. TRY IT YOURSELF!

“…Lots of entrepreneurs are simply not natural sales people. The skills that you need to start a business and pursue a strategic vision are not always the same as the characteristics you need to close deals.” –Entrepreneur

John Martinez is the Founder and CEO of Midwest Revenue Group. John wasn’t born a sales guy; he worked hard, learned a lot and plowed through towards his success. John helps successful businesses go further faster. Midwest Revenue Group’s sales training provides companies with a proven, practical roadmap for improving their closing ratio and increasing sales and profits.

Today, John and I sit down to discuss how he started his business, which he wasn’t 100% sure about, and explains why that is a good thing. He also talks about the most significant hurdle he had to get over to move towards entrepreneurial success, which is something everyone struggles with at one point or another. He also provides expert advice on how to run a one-person show, as well as how to scale your business when it’s time to expand. And of course, there are multiple nuggets of wisdom as to how to become better at sales.

Tip of the Day:

Further Listening: 

Check out #INVESTTHIS EP 30: Leave No Lead Left Behind – Systemizing Lead Management with Dan Schwartz, InvestorFuse, for more sales advice.

Get Started In Wholesaling:

Want to start in wholesaling? I got my first deal going using Real Estate World Wide. TRY IT YOURSELF!

“Investing in multifamily properties lets you boost your income while reducing vacancy rates.” –Fortune Builders

Dino Pierce is the CEO of Edified Equity and is a Multifamily Syndicator that works closely with Family Offices and Ultra-Affluent Families collaborating on deal-specific Equity positions. He is an author, expert speaker, and award-winning blogger.

Dino has managed to pack in so much information into this episode; I’m not quite sure where to start! Along with providing the benefits of investing in multifamily, he also discusses his insights on how to pick the perfect properties. Dino also provides insight into which property classes are resilient to market change and the importance of conservative underwriting. He also offers a peek into how he is planning on growing his business in the next five years.

Tip of the Day:

Further Listening: 

Check out #INVESTTHIS EP 36: Multifamily Investing and How Anyone Can Do It, with Jennifer Hammond, for actionable insights and advice.

Get Started In Wholesaling:

Want to start in wholesaling? I got my first deal going using Real Estate World Wide. TRY IT YOURSELF!

Whether you’ve been there or have a fear of it, to successfully invest in a tough real estate market takes intelligence and finesse. This is why I have J Scott, best-selling author of The Book on Flipping Houses and Founder of 1-2-3 Flip on the show today.

J. Scott is a full-time entrepreneur and investor. He is an engineer and business guy by education. In 2008 J and his wife decided to leave the 80-hour work weeks behind. They quit their jobs, moved back East, got married, started a family and decided to try something new. That something new was investing in real estate. Today, J has bought, built, rehabbed, sold, lent-on and held over $40MM in properties.

In today’s episode, J discusses how to beat your competition and successfully invest in a tough market. He goes into detail about what investments work the best. J also shares his secret on how to easily navigate property management as well as the benefits of investing in C-class properties. The proverbial “cherry on the top” of this informative interview are his predictions for the future of real estate investing.

Tip of the Day:

Further Listening: 

Check out #INVESTTHIS EP 35: Characteristics of a Successful Entrepreneur, with Christian Chasmer, for actionable insights and advice.

Get Started In Wholesaling:

Want to start in wholesaling? I got my first deal going using Real Estate World Wide. TRY IT YOURSELF!